Bitcoin ETF Money Just Came Roaring Back — But One Number Still Clouds the Rally

By Isaac • August 9, 2026 5:45 pm •

After months of watching institutional demand sputter, Bitcoin finally got the kind of weekly ETF number bulls have been waiting for.

U.S.-listed spot Bitcoin funds pulled in a net $853.54 million during the week ended August 7, according to CoinDesk’s summary of SoSoValue fund-flow data. It was the strongest weekly total since mid-April and a sharp reversal after months in which persistent redemptions repeatedly undercut attempted Bitcoin recoveries.

BlackRock’s iShares Bitcoin Trust, better known by its ticker IBIT, did most of the lifting. The fund attracted roughly $693 million—more than four-fifths of the week’s net inflow.

That concentration matters. The return of money was heavily concentrated in one fund.

But it also shows that the biggest